Kerry invests in air freight

Kerry Logistics Network has announced the acquisition of a majority stake in Business By Air (BBA), a French international freight forwarding company.

The move is expected to strengthen the company’s position in the Europe, the Middle East, Asia region (EMEA).

BBA is an upstream supply chain specialist in air freight services for diverse industrial clients including automotive, aerospace and pharmaceutical, as well as an established player in the African market. In addition to multimodal freight forwarding, customs clearance and nationwide trucking, BBA also offers supply chain solutions covering express, on board couriers, project cargo, as well as logistics for fine arts, perishables and personal effects.

“The acquisition is a natural progression in our strategic pursuit of enhancing our international freight forwarding service offerings in the EMEA region,” said Group Managing Director of Kerry Logistics Network, Vic Cheung. “With France’s position as one of the world’s top exporting countries, the addition of BBA will significantly strengthen our foothold in the country. We are looking forward to the extension of our service into the niche verticals of fine arts and perishables, which will further boost our global coverage and competency to offer comprehensive and flexible solutions to customers.”

BBA was founded in 1978 and headquartered in Roissy-en-France, with four other offices in Orly, Nice and Le Havre, as well as an office in Pointe-à-Pitre, Guadeloupe.

In other news, Swedish food logistics provider, Frigoscandia, has officially joined Dachser’s logistics network.

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